India's electric vehicle (EV) market is expected to grow significantly, reaching 9% penetration by FY30, up from the current 2%, according to a Nomura report.

The post India’s EV Market Set to Reach 9% Penetration by 2030 first appeared on CarSpiritPK and is written by News Desk.

The Sindh government is considering making an initiative to provide electric vehicles (EVs) to unemployed youth through easy installment plans, combining efforts to tackle unemployment with a focus on environmental sustainability.

The post Sindh Govt to Launch EV Taxi Scheme for Unemployed Youth first appeared on CarSpiritPK and is written by News Desk.

Japan recorded a steep 33% drop in EV sales—the first decline in four years. With only 59,736 units sold, EVs now make up less than 2% of total vehicle sales in Japan.

The post Japan’s EV Sales Plummet 33% in 2024, While Foreign Brands Thrive first appeared on CarSpiritPK and is written by News Desk.

Japanese automakers in Thailand—once the cornerstone of Southeast Asia’s auto production—are scaling back or shutting down as Chinese electric vehicle (EV) manufacturers expand aggressively.

The post Chinese EV Makers Challenge Japanese Dominance in Thailand’s Auto Industry first appeared on CarSpiritPK and is written by UsmanAnsari.

A recent Audi Abu Dhabi survey highlights a growing interest in pre-owned electric vehicles (EVs) among UAE residents, reflecting a shift toward sustainable transportation preferences.

The post UAE Buyers Show Rising Interest in Pre-Owned EVs: Audi Abu Dhabi Survey first appeared on CarSpiritPK and is written by News Desk.

A recent survey conducted by the Global EV Alliance reveals that over 90% of EV owners intend to purchase another electric vehicle after trading in their ICE car, with only 1% saying they would return to an internal combustion engine vehicle.

The post 92% EV Owners Stick with Electric, Only 1% Consider Returning to ICE Cars first appeared on CarSpiritPK and is written by UsmanAnsari.

Unlike internal combustion engine (ICE) vehicles, EVs operate with fewer mechanical components, leading to reduced maintenance needs and altering the traditional revenue streams for automakers and service providers.

The post Why EVs Are a Threat to Conventional Automakers and the Spare Parts Business first appeared on CarSpiritPK and is written by UsmanAnsari.

Geely Holding Group's head of global communications, Ashley Sutcliffe, highlighted this growing trend, stating that once car drivers switch to electric vehicles, "they won’t go back to petrol."

The post Once You Switch to EV, You Won’t Go Back to Petrol Cars; It’s Like Going from a Car to a Horse — Geely first appeared on CarSpiritPK and is written by UsmanAnsari.

According to a report by Automotive News, the European Union (EU) and China have agreed to settle their dispute over …

The post China and European Union to End Dispute Over EV Tariffs first appeared on CarSpiritPK and is written by News Desk.

In return for incentives granted in Thailand’s EV policy, electric vehicle manufacturers benefiting from the program are now required to invest in producing certain key electric vehicle components domestically by 2026, aligning with the country's push for local EV assembly.

The post EV Makers Must Now Produce Essential Components in Thailand by 2026 first appeared on CarSpiritPK and is written by News Desk.